Blockchain.com Reveals Non-Fungible Token Marketplace and NFT Explorer
The crypto firm Blockchain.com is joining the slew of digital currency exchanges that have launched non-fungible token (NFT) marketplaces in recent times. On December 2, the company announced it is launching the Blockcha...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The crypto firm Blockchain.com is joining the slew of digital currency exchanges that have launched non-fungible token (NFT) marketplaces in recent times. On December 2, the company announced it is launching the Blockchain.com NFT marketplace, and select users can sign up for beta access today.
Blockchain.com NFT Marketplace Launches Beta Access
Non-fungible token (NFT) assets have become a billion-dollar industry and it seems like this technology will be a mainstay for years to come. As the NFT hype grows exponentially in 2021, a number of crypto-asset exchanges have launched NFT markets this year. Well-known exchanges like Crypto.com, Coinbase, and FTX have revealed NFT markets in the midst of giant standalone NFT markets like Opensea and Rarible. Now Blockchain.com, the cryptocurrency-dedicated financial services company, has announced its NFT marketplace.
“We want to make accessing the NFT market as easy as accessing the crypto market,” Blockchain.com’s announcement details. “With the Blockchain.com NFT marketplace (in beta), you’ll be able to browse, buy, sell, and securely store NFTs without ever leaving your Blockchain.com Wallet.”
Blockchain.com’s NFT market launch announcement follows the firm’s recent acquisition of the Argentina-based investment platform Sesocio. The acquisition brings Blockchain.com’s employee headcount to 400 workers worldwide, and it plans to establish a physical presence in Latin America. Starting today, people can sign up for beta access to the company’s new NFT marketplace which will allow users to “buy, sell, and store NFTs” inside their Blockchain.com noncustodial wallet.
The company also launched an NFT explorer which gives information on non-fungible tokens such as current price, floor price, information on the current NFT owner, and the last sale price. Blockchain.com’s NFT explorer information stems from Ethereum-based NFTs hosted on the Opensea NFT marketplace. The announcement blog post also gives the reader some insight that shows individuals step-by-step directions on how to purchase an NFT on Blockchain.com’s marketplace.
What do you think about Blockchain.com revealing its NFT marketplace? Let us know what you think about this subject in the comments section below.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
FCA Opens Five-Month Authorisation Window for UK Crypto Firms
The UK's financial regulator has given crypto companies five months to apply for FCA authorisation if they want their applications...
Cboe Locks In S&P 500 Options Rights Through 2051, Leaves Room for Tokenized Contracts
Cboe Global Markets and S&P Dow Jones Indices (S&P DJI) announced on Tuesday that they are extending their exclusive licensing dea...
SEC changes token buyback guidance as spending hits $638M
The US Securities and Exchange Commission tightened its guidance for crypto token buybacks just three days after publishing it. On...
XRP Seoul Brings Tokenization, Yield, and Privacy Firms Together
XRP lending, digital asset protection, and tokenized bank deposits are among the financial applications represented at XRP Seoul 2...
BTCS Prepares DeFi Business To Provide Liquidity For Tokenized Stocks
TL;DR BTCS says its Imperium DeFi unit has completed preparatory compliance steps for potential use of the SEC’s Covered Firm exem...
SEC Sues Four Firms Over Alleged $15 Million Crypto Scams Run Through WhatsApp Chats
The Securities and Exchange Commission charged four entities on Tuesday over two alleged schemes that used WhatsApp group chats an...